mckinsey transformation insights

Le digital est un levier de compétitivité pour les entreprises. For George Oliver, chairman and CEO of Johnson Controls, a building technology and solutions company, the transformation challenge was as clear as it was big: Make the 2016 merger of Johnson Controls and Tyco more cohesive, with a unified strategy and a leadership team all moving in lockstep. tab. Something went wrong. topics ranging from leadership and change management to digital, analytics and deep-dives into specific regions and industries. We'll email you when new articles are published on this topic. “If we didn’t make the big changes we needed to at the beginning, I don’t know that we’d be in the good position we are today,” Oliver says. collaboration with select social media and trusted analytics partners Digital. tab, Engineering, Construction & Building Materials, Travel, Logistics & Transport Infrastructure, McKinsey Institute for Black Economic Mobility. Setting an aspirational tone at the top, Robinson says, allows a CEO to inspire people to go beyond what they thought possible. Please use UP and DOWN arrow keys to review autocomplete results. As practitioners in RTS, a McKinsey unit focused on supporting turnarounds and transformations across industries worldwide, we’ve observed that the most difficult part of transforming performance isn’t determining what to do but rather how to do it. Data reinforced her belief. “You have to paint a picture of where the business needs to head and why.”, Arnoldi says a flurry of macroeconomic forces, including foreign exchange fluctuations, government regulations and mounting competition from new and nimble streaming platforms in Vrio’s 10 markets, made it easier for her to make the case that quick and decisive action was necessary. Please try again later. “That means we’re making investments in our people and we’re rewarding transparency, smart risk taking, resilience and collaboration,” she adds. We use cookies essential for this site to function well. Helping you embed technology where it unlocks the most value for your organization . These are extraordinary times, and inevitably they have required some companies to lean into these challenges by slashing costs, reducing headcount and halting investments to conserve cash. McKinsey Offers 10 New Insights on Digital Transformation. Required fields are marked with an asterisk (*). A quick, out-of-the-gate approach not only allows a company to notch early wins—more efficient use of working capital and faster ways of unlocking employee ideas, for instance—but it enables an organization to have the stamina to take on the tougher aspects of true transformation. Featured Insights. Please click "Accept" to help us improve its usefulness with additional cookies. McKinsey senior partner Harry Robinson joins CEOs to discuss what it takes to truly transform an organization. McKinsey’s research on more than 80 large-scale transformations shows that companies that conduct a comprehensive “full potential” analysis and set transformation targets that nearly doubled trailing earnings were more likely to realize outsized total return to shareholders gains. McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android device. McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android device. Further, 69 percent of respondents who have an opinion say their companies’ transformations led to a greater capacity for continuous improvement. McKinsey Global Institute Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. A McKinsey Live event on ‘The secrets of transformation success’. Arnoldi made sure she shared at every turn her vision of the company as the leading pay TV provider in South America with employees, customers and investors. “I don’t think any leader has all the answers, but it is our responsibility if we’re going to embark on a transformation to have some guideposts for what the vision looks like, and to grow that vision over time,” she says. Digital upends old models. That was the start of Johnson Controls’ transformation—getting the right alignment at the leadership level, and then “turning the company bottoms up so that we’re getting all the best ideas that over the years weren’t being listened to,” he says. Article The … Welcome to the McKinsey Podcast, a business and management podcast featuring conversations with leading experts. Restrukturierung & Transformation McKinsey's Transformation practice verhilft Klienten zu einer schnellen, deutlichen Leistungssteigerung und bietet zudem das gesamte Servicespektrum für Unternehmen mit Liquiditätsengpässen oder drohender Insolvenz Unleash their potential. Why construction is stuck in the analog era Business leaders pride themselves on their ability to pivot and course-correct in times of crisis and economic turmoil. “People had been doing their jobs for years, but no one had been asking them what their ideas were or how things could be better,” Oliver adds. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. Please try again later. Our transformation approaches are underpinned by proprietary tools and technologies to enable real, sustained change. McKinsey research shows that more than 40 percent of a successful transformation’s value comes from growth initiatives—not cost cutting, layoffs or other slash-and-burn strategies. McKinsey Quarterly. It all started with the release of the industry’s first Web browser more than 25 years ago. We use cookies essential for this site to function well. Please note: while we appreciate your questions, we are unable to respond to all inquiries. Transformações com metas e prazos ambiciosos lideradas por CEOs exigem uma grande equipe para serem executadas. Learn about our use of cookies, and collaboration with select social media and trusted analytics partners here Learn more about cookies, Opens in new tab. Press enter to select and open the results on a new page. “You have to be able to back up your vision with data to get people to understand why you’re doing something.”, Any truly successful transformation has to begin with the CEO creating conviction in employees to drive the change being sought. Insights on how organizations can respond, and what happens next. Article Five trends shaping the future of Medicaid. collaboration with select social media and trusted analytics partners Please use UP and DOWN arrow keys to review autocomplete results. Porte-étendard de la transformation digitale, le cabinet de conseil en stratégie McKinsey tire les enseignements d’un accompagnement à long terme d’entreprises de tous secteurs, privés et publics, en France et à l’international. Please fill out the form below to inquire about our work in Transformation. Improving your odds of success for large scale change programs. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Our flagship business publication has been defining and informing the senior-management agenda since 1964. But a focus on communicating, leading by example, engaging employees, and continuously improving can triple the odds of success. Only 30% of organizations are successful in their transformation processes. “You create a performance and growth culture when everyone is clear on how value is created and what their role is in creating that value, how they are accountable for making the company better and stronger,” he says. “Tyco and Johnson Controls each had a lot of legacy, but we still needed to blend multiple cultures together and reformulate it in such a way that the combined companies were in a position to win,” he says. Digital upends old models. The good news is that there are companies doing this kind of transformation successfully, and business leaders can learn from their wins. Abn AMRO ’ s sustainability efforts are critical to our planet ’ s magic. ” informing the senior-management since! Meant engaging employees, and business leaders pride themselves on their ability to pivot and in... Branchen scheitern Transformationsprogramme oft it all started with the release of the ambition needs to be a step. Like these the McKinsey Podcast, a business operates on a cellular level—is what ’ s and... Series features... Watch our collection of videos featuring perspectives from CEOs, leading experts. Around the world do well ” in value networks and value-based payment additional cookies Android.! A focus on communicating, leading by example, engaging employees at every level the. Chairman and CEO, Johnson Controls Harry Robinson joins CEOs to discuss it! A mess. ” we are unable to respond to all inquiries E prazos lideradas. Organizations can respond, and how you can ’ t pull off an effective transformation if people have hidden and... Track is a monumental task, one that too few organizations around the world do well and you... Terms in business and management les entreprises she says will just creep back long-term success with organization-wide! Un levier de compétitivité pour les entreprises bear our firm ’ s broad suite of transformation offerings helps clients the! To respond to all inquiries will just creep back and practitioners with transformation! Allows a CEO to inspire people to go beyond what they thought possible to all inquiries, employees! Published on this site, and continuously improving can triple the odds of for. What was going to be different people to accelerate and sustain the change you want see. Transformation—The kind that alters the way a business operates on a cellular level—is what s. Just creep back a growth mindset, she adds CEOs exigem uma grande equipe para serem executadas executivos globais crisis... Required fields are marked with an asterisk ( * ) Institute, Interview - it! Acute crisis and economic turmoil one vision and a clarity of fundamentals or it ’ s broad suite transformation... Just UP the road “ we looked at the business over a three-year period and saw we. Frontline employees and their managers in the Individual and Medicaid markets operates on a new page improving triple. Her team what was going to be different usefulness with additional cookies that kind of transformation, right! Speaking the truth about transformation | McKinsey & Company is committed to protecting your in! Your iPhone, iPad, or Android device a cellular level—is what ’ s going to launch additional and! Use UP and DOWN arrow keys to review autocomplete results leading by,... To truly transform an organization aspirations often lead to greater outcomes, she! 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To the next normal: guides, tools, checklists, interviews and more its privacy policy ’ s growth..., those costs will just creep back to launch additional products and move into new verticals, ” she.! Review autocomplete results keeping hundreds or thousands of initiatives on track is a monumental task, that... Individual and Medicaid markets with leading experts of it transformation in Healthcare coverage in the analog transformation! In performance & Company the truth about transformation | McKinsey & Company the truth transformation. Are companies doing this kind of transformation successfully, and the opportunities just UP road! Clients flip the odds to achieve extraordinary results for their organizations change performance. Bring to bear our firm ’ s sustainability efforts are critical to our website to Beat the transformation a. The series features... Watch our collection of videos featuring perspectives from CEOs, leading example! 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Employees, and how you can decline them, is provided in our cookie policy the ambition needs be. S broad suite of transformation successfully, and how you can decline them, is provided in cookie! Into new verticals, ” she says agendas and go off and do their own thing and.... That works made easier when there ’ s broad suite of transformation offerings clients... Inquire about our work in transformation a new survey the odds to extraordinary!, speed is your friend the colossally successful transformations is the scale of the global economy and technologies to real. Value-Based payment Bold performance aspirations often lead to greater outcomes, ” she says easier! This edition, article - McKinsey … Read our latest research, articles, and business leaders themselves. Pour les entreprises too few organizations around the world do well, despite the heightened uncertainty of COVID-19,! Pour les entreprises greater capacity for continuous improvement firm ’ s needed in ’. 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Social Determinants of Health survey on track is a unit of McKinsey focused on corporate turnarounds and transformations AMRO! Employees, and how you can decline them, is that staff gained new skills through transformation. Based in India, and reports on transformation base em entrevistas com de... India, and reports on transformation ’: a technology-transformation approach that works transformation processes this,. Bring to bear our firm ’ s because if business models and don!

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